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As a group, communitybanks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities. Communitybanks often already have the expertise handy in-house, they say.
Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s CommunityBanking LIVE 2016 in New Orleans. ICBA’s national convention offers an educational lineup this year of more than 60 workshops and networking sessions. Concurrent Workshops. General Session.
Both of these laws pointedly changed the National Flood Insurance Program requirements over which of the banking agencies have jurisdiction. There is an exception that will be key for many communitybanks to understand. Biggert-Waters) the bank was not required under federal or state law to escrow taxes or insurance.
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